QUENCHED AS

0274 OSLO

Finances

Share Ownership

Return on Equity

218,81 %

Current Ratio

−2,72

Debt-to-Equity Ratio

−1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	971 000	2 464 000	844 000	1 171 000
Net Income	−7 120 000	−5 214 000	−3 202 000	−3 742 000
Total Assets	1 234 000	4 824 000	1 949 000	3 491 000
Total Equity	−3 254 000	3 849 000	−1 458 000	1 744 000

Income (NOK)	2022	2021	2020	2019
Revenue	971 000	2 464 000	844 000	1 171 000
Expenditure	7 656 000	7 300 000	3 861 000	4 834 000
Operating Profit	−6 686 000	−4 835 000	−3 017 000	−3 663 000
Financial Income	32 000	44 000	2 000	23 000
Financial Costs	467 000	423 000	187 000	102 000
Financial Balance	−435 000	−379 000	−185 000	−79 000
Earnings Before Tax	−7 120 000	−5 214 000	−3 202 000	−3 742 000
Tax	0	0	0	0
Net Income	−7 120 000	−5 214 000	−3 202 000	−3 742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 176 000	3 911 000	3 548 000	2 718 000
Total Current Assets	−2 942 000	913 000	−1 599 000	772 000
Total Assets	1 234 000	4 824 000	1 949 000	3 491 000
Total Retained Equity	−20 660 000	−13 540 000	−8 326 000	−5 124 000
Total Equity	−3 254 000	3 849 000	−1 458 000	1 744 000
Total Long-Term Debt	3 404 000	0	361 000	0
Total Current Debt	1 083 000	975 000	3 046 000	1 747 000
Total Equity and Debt	1 234 000	4 824 000	1 949 000	3 491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	886 000	2 464 000	844 000	1 168 000
Other Income	84 000	0	0	3 000
Revenue	971 000	2 464 000	844 000	1 171 000
Cost of Goods Sold	397 000	784 000	711 000	350 000
Salary Costs	2 682 000	2 054 000	806 000	1 250 000
Depreciation	1 617 000	1 747 000	1 072 000	417 000
Impairment	0	0	0	0
Expenditure	7 656 000	7 300 000	3 861 000	4 834 000
Operating Profit	−6 686 000	−4 835 000	−3 017 000	−3 663 000
Financial Income	32 000	44 000	2 000	23 000
Financial Costs	467 000	423 000	187 000	102 000
Financial Balance	−435 000	−379 000	−185 000	−79 000
Dividends	0	0	0	0
Net Income	−7 120 000	−5 214 000	−3 202 000	−3 742 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 854 000	3 277 000	2 685 000	1 565 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	323 000	634 000	863 000	1 154 000
Total Tangible Assets	323 000	634 000	863 000	1 154 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 176 000	3 911 000	3 548 000	2 718 000
Stock	347 000	675 000	1 351 000	245 000
Total Investments	0	0	0	0
Cash, Bank	−3 528 000	−14 000	−3 438 000	318 000
Total Current Assets	−2 942 000	913 000	−1 599 000	772 000
Total Assets	1 234 000	4 824 000	1 949 000	3 491 000
Total Equity	−3 254 000	3 849 000	−1 458 000	1 744 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 404 000	0	361 000	0
Creditors	164 000	236 000	1 887 000	977 000
Unpaid Taxes	31 000	176 000	93 000	105 000
Dividends	0	0	0	0
Other Current Debt	889 000	562 000	1 067 000	665 000
Total Current Debt	1 083 000	975 000	3 046 000	1 747 000
Total Equity and Debt	1 234 000	4 824 000	1 949 000	3 491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	218,81 %	−135,46 %	219,62 %	−214,56 %
Debt-to-Equity Ratio	−1,05	0	−0,25	0
Operating Profit Margin	−688,57 %	−196,23 %	−357,46 %	−312,81 %
Current Ratio	−2,72	0,94	−0,52	0,44
Quick Ratio	−4	3,04	−0,94	0,51
Equity Ratio	−2,64	0,8	−0,75	0,5
Gross Profit Margin	59,11 %	68,18 %	15,76 %	70,11 %